Inorganic Cosmetics Pigments Market Size

Inorganic Cosmetics Pigments Market Overview

The Inorganic Cosmetics Pigments Market is expected to register a CAGR of 6.8% to reach around USD 7,200 million by the end of 2030. Inorganic pigments are composed of insoluble metallic compounds, which are either derived from natural sources such as china clay and carbon deposits or are synthesized. Based on composition, the pigments are divided into iron oxides, titanium dioxides, zinc oxides, carbon blacks, chromium oxide greens, ultramarines, and others. Moreover, inorganic pigments are not water-soluble and thus have applications mostly in solid makeups such as lipsticks, lip glosses, powders, and eyeliners.

Market Dynamics

The Inorganic Cosmetics Pigments Market is projected to witness healthy growth, registering a CAGR of 6.8% during the forecast period, 2024–2030. The prominent factors driving the growth of the global market is increasing demand for Inorganic Cosmetics Pigments in cosmetics and personal care industry. The growing demand for cosmetics, especially facial and hair care products, is further expected to boost the demand for inorganic cosmetic pigments in the next few years. The market's growth is driven by the increasing growth of the cosmetic & personal care industry in Asia-Pacific and Europe. Furthermore, price volatility of the primary raw material and the stringent regulations over mining activities are expected to restrict the growth of inorganic cosmetic pigments. Furthermore, the projected rise in demand for inorganic cosmetic pigments in the emerging economies, advancement of technologies and note worthy investments in R&D by key players is likely to fuel the growth of the Inorganic Cosmetics Pigments Market in the coming future. Cosmetic pigments, meticulously curated for a flawless, personalized beauty palette.

The outbreak of COVID-19 has resulted in the shutting of factories and businesses, canceled air transport routes, and lockdowns and has negatively impacted the industry. However, with the lift of lockdown measures and trade restrictions, the demand is expected to gain pace and drive market growth. 

Key Players

Sudarshan Chemicals Industries Limited (India), Kolortek Co., Ltd (China), Sun Chemical (US), Merck KGaA (Germany), Sensient Cosmetic Technologies (US), Kobo Products Inc. (US), Geotech International B.V. (Netherlands), Lanxess AG (Germany), ECKART (Germany), and The Chemours Company (US)

Global Inorganic Cosmetics Pigments Market, by Type, 2019 (USD Million)

Sources: MRFR Analysis

The Inorganic Cosmetics Pigments Market has been segmented by Type, Application, and Region.

Based on Type, the Inorganic Cosmetics Pigments Market has been segmented into titanium dioxide, iron oxide, chromium oxide, mica, zinc oxide, ultramarines, and others.The titanium dioxide segment holds the largest market share of over 30% and is expected to register fastest growth with CAGR of around 7.5% between 2020-2027. The growth is mainly attributed to its wide application and high consumption in the facial and nail segment of the growing cosmetics industry.

The Inorganic Cosmetics Pigments Market has a broad range of application. Based on application, the global market has segmented into facial make-up, lip products, eye make-up, nail products, hair color products, and others.The facial make-up segment accounts for the largest share of around 30% in the global market and is expected to register a CAGR of over7% from 2024 to 2030. Furthermore, it is expected to be the fastest-growing segment during the forecast period owing to their growing consumption by working women and rising consciousness about physical appearance among millennial women.

Global Inorganic Cosmetics Pigments Market Share, by Region, 2019 (%)

Sources: MRFR Analysis

Regional Analysis

The Inorganic Cosmetics Pigments Market has been divided based on region into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Asia Pacificmarket accounts for the largest share of around 44%in 2019 in the Inorganic Cosmetics Pigments Market owing to the due to high availability of raw materials, cheap labor, rapid industrialization, and commercialization in the region, especially with the growth of the personal care industry, it is expected to increase the consumption of inorganic cosmetic pigments during the review period.China is the leading producer and Consumer of Inorganic Cosmetics Pigments in Asia Pacific. The Asia-Pacific market has registered a fastest growth with CAGR around 7.5% between 2024 to 2030 and is expected to reach a value of over USD 3,300 million by 2030 end.

North America was the second-largest market with a market share of around 25% in 2019 in the Inorganic Cosmetics Pigments Market. The established presence of cosmetic and personal care manufacturers in the region is the prime factor propelling the growth of the Inorganic Cosmetics Pigments Market in North America.The US accounted for a significant share of the Inorganic Cosmetics Pigments Market in North America and is expected to register a CAGR of around 7% during the review period.

Europe accounts for around 20% of the global share and is expected to register a CAGR of over5.5%. The growth in the region is mainly attributed to theestablished presence of major end-use industries and demand for inorganic cosmetic pigments in hair applications.Germany accounted for the largest share in the Europe in 2019 followed by France. Europe market was valued at over USD 900million in 2019 and is expected to register the moderate growth with CAGR of over 5.5% throughout the forecast period. The Inorganic Cosmetics Pigments Market in Latin America and the Middle East and Africa has witnessed notable growth over the forecast period. This growth is attributed to the increasing industrialization of global pigment manufacturers and shifting upward trend in the regions' economy coupled with the rising per capita disposable income of the consumers in the region.

The Inorganic Cosmetics Pigments Market is characterized by the presence of many global, regional, and local vendors. The market comprises tier-1 and tier-2 players with a wide global presence and vast product portfolio along with local players. Major players such as Sudarshan Chemicals, Sun Chemical, Merck KGaA, an the Chemours Company are focused on expansions, acquisitions, and product developments to meet the rising demand for inorganic cosmetic pigments in major applications.The players operating in the global inorganic cosmetics pigments market are adopting various strategies such as mergers & acquisitions, product launches, joint ventures, and expansion to maintain the position and increase the geographic presence. Product launch and expansionwas the most widely employed growth strategy amongst many market players to capture maximum market share.

Inorganic Cosmetics Pigments Industry Development

In February 2024, Hubach released its collection of sustainable pigment preparations named Cosmenyl S 100.

Merck launched Rona flux pigments in April 2023. These pigments, known as the Rona flux range, are characterized by high color intensity and pronounced metallic optical effects without metals that make an attractive look with a striking result or deeply colored appearance, which is a current fashion trend in color cosmetics.

Geotech International BV introduced Geopearl SFT coarse pearlescent pigments and Geonature biodegradable glitter in March 2022. Formulators can use these pigments to create safe sparkling aerosol and eye products that are friendly to the environment.

Givaudan Active Beauty, a leading developer of novel cosmetic ingredients, announced the release of New Purple 2364 in September 2022. This new and amazing pigment has retained its vibrant purple shade while incorporating core elements of sustainability and ethicality.

NSG launched the METASHINE Aurora Series, glass-flake effect pigments that provide captivating luminescence like aurora borealis in August 2022. For example, specifically formulated for point makeup applications such as eye shadow or powder blush, these glass flake pigments contain advanced Optical Brightening Materials (OBMs) that enable light manipulation unmatched before now.

Sun Chemical released Reflecks MD Midnight Cherry and Reflecks MD Midnight Sapphire in July 2021. Both varieties of this pigment have better coloring and sparkle properties than any other ever produced before.

Market Segmentation

Global Inorganic Cosmetics Pigments Market, by Type   

• Titanium dioxide


• Iron oxide


• Chromium oxide


• Mica


• Zinc oxide


• Ultramarines


• Others

Global Inorganic Cosmetics Pigments Market, by Application

• Facial make-up


• Lip products


• Eye make-up


• Nail products


• Hair color products


• Others

Global Inorganic Cosmetics Pigments Market, by Region

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • UK
  
  
  • Russia
  
  
  • France
  
  
  • Spain
  
  
  • Italy
  
  
  • Poland
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Australia & New Zealand
  
  
  • Indonesia
  
  
  • Thailand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Latin America
  
  
  
  • Mexico
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of Latin America
  
  
  
  


• Middle East & Africa
  
  
  
  • GCC Countries
  
  
  • Israel
  
  
  • Turkey
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa
  
  
  
  

Available Additional Customizations

• Company Profiles of Other Key Players


• Regulatory Framework of General Chemicals


• Raw Material Pricing Analysis


• Pricing Analysis

Intended Audience

• Inorganic Cosmetics Pigmentsmanufacturers


• Suppliers and traders


• Government, associations, and industrial bodies


• Investors and trade experts


• Consulting in Inorganic Cosmetics Pigmentsexperts